CUET Economics - From the following which production function exhibits increasing returns to scale? | PYQs + Solutions

CUET Economics 2025 30 May Shift 2

Micro

Medium

$f(tx, ty) > t f(x, y)$ .

$f(tx, ty) < t f(x, y)$ .

$f(tx, ty) = t f(x, y)$ .

$x^α y^β$ .

✅ Correct Option: 1

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CUET Economics 2025 30 May Shift 2 PYQs